After the Drift Protocol hack caused nearly $285 million in losses, Tether proposed a $150 million recovery plan while Circle declined to freeze exploited USDC funds. This contrast has sparked debate over stablecoin risk on Solana, with USDT gaining momentum as USDC supply declines. The shift highlights changing market trust and may signal a liquidity rotation in Solana's DeFi ecosystem, impacting stablecoin dominance and security perceptions.
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
A Wall Street asset manager has filed with the SEC to launch a Solana ETF that includes staking rewards, potentially broadening institutional access to crypto yield products. This ETF would differ from traditional spot ETFs by passing through staking...
Solana achieved a record $3.47 billion in tokenized equities volume for June 2026, capturing over 96% of the global on-chain tokenized equity market. This milestone highlights Solana's strong position and efficiency in blockchain technology, maintain...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
